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    Five-Unit Multifamily Above Garages Title is generated by Realmo AI

    1224 E 17th Street, Long Beach, CA 90813

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    New
    For Sale
    $1,700,000

    Quadruplex - Long Beach, CA

    Type:Quadruplex
    Property size:
    5,016 SF
    Lot size:
    7,790.00 Acres
    Price / SF:
    $338/SF
    Added:
    Jun 27, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 27 at 9:06 pm

    Property Features for 1224 E 17th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Zoning
    LBR2N
    Bedrooms
    11
    Bathrooms
    6
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
    Parking
    6
    Parking features
    Garage
    Exterior features
    Community Features Included: Curbs, Street Lights, Sidewalks, Suburban, Lot 6500-9999
    Standard status
    Active
    APN
    7268031031
    Size
    5,016 SF
    Lot size
    7,790.00 Acres

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    5
    Architectural style
    Other

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    Sophea Pel

    Listing agent Sophea Pel License #01491556

    Listing office ReMax Tiffany Real Estate 5925 Ball Rd, Cypress, CA

    Listing date Jun 27, 2026

    MLS# PW26135310 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Five‑unit Long Beach multifamily property with four 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit
    • One spacious 3‑bedroom/2‑bath unit located above six garages
    • Garage parking included
    • Built in 1925
    • Community features include curbs, street lights, and sidewalks

    Overview

    This five-unit multifamily property offers a unit mix of four 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. The 3-bedroom unit is positioned above six garages, creating a distinct configuration within the building. The property is set on a lot measuring about 0.18 acres, with an overall building size of approximately 5,016 square feet.

    Located at 1224 E 17th Street in Long Beach, the property is described as being near shopping, restaurants, schools, public transportation, and major freeways, supporting day-to-day convenience for residents. Zoning is listed as LBR2N.

    For investors and owner-users seeking a small, income-producing apartment building, the established five-unit layout and clear unit mix can simplify planning around tenant demographics. The garage-based configuration also provides a practical architectural feature that may be useful for tenant parking and overall site organization. Please drive by only, as noted in the remarks.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $201.6k $40.20
    − Vacancy −$8.5k −$1.69
    EGI $193.2k $38.51
    − OpEx −$86.9k −$17.33
    NOI $106.2k $21.18
    5,016 SF · lease $40.20/SF/yr · vacancy 4.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.52M
    $1.33M – $1.77M (±1% cap)
    NOI $106,246 @ 7.0% cap · market cap 6.25%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $1.65M
    $1.44M – $1.92M (±1% cap)
    NOI $115,292 @ 7.0% cap · market cap 6.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marucha Food Market

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1756739
    Latitude
    33.7877779

    FAQs

    What type of property is this?
    Apartment building - Five rental units, including a 3-bedroom above six garages, on a compact Long Beach lot.
    Where is this apartment building located?
    The property is located at 1224 E 17th Street Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Five‑unit Long Beach multifamily property with four 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit; One spacious 3‑bedroom/2‑bath unit located above six garages; Garage parking included
    More about this property
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